Bookmarking Crypto Insights
Like Bitcoin, the four Seasonal Tokens – Spring, Summer, Autumn and Winter – are produced by proof-of-work mining, and become scarcer over time. Once every nine months, the rate of production of one of the tokens is cut in half. The token that was produced at the fastest rate becomes the slowest. As the market … Read more
Bitkub Capital Group Holdings, the owner of Thailand’s largest cryptocurrency exchange, reportedly plans to go public in 2025. Jirayut Srupsrisopa, the CEO of the holding company, revealed that Bitkub Capital Group is currently hiring financial advisers to assist with the listing. Enhancing Bitkub Capital Group’s Profile Bitkub Capital Group Holdings, the owner of Bitkub Online … Read more
After four days of consecutive inflows, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn, with $85.7 million flowing out during Monday’s trading hours. U.S. Spot Bitcoin ETFs’ Momentum Halted With $85.7M in Outflows, Spotlight on GBTC Between March 25 and March 28, 2024, the U.S. spot bitcoin ETFs enjoyed an upward trend, amassing … Read more
A recent study by onchain analysts at Glassnode reveals a significant increase in profit-taking activities as bitcoin surged to a new all-time high (ATH) of $73,794, marking a notable phase in the cryptocurrency’s market dynamics. Glassnode Highlights Intensified Profit-Taking Amidst Bitcoin’s Rally to New Heights Glassnode’s 13th weekly 2024 onchain analysis indicates a strategic shift … Read more
The year 2024 can be called as a year of profit in the crypto world, with Bitcoin reaching new highs. Some altcoins are coming forth with great potential for profit-making for investors, among the top of which are Solana, Cardano, and Kaspa. For instance, Solana has shown a massive price surge, soaring over 400% since … Read more
As 2024 unfolds, the crypto arena is witnessing an unprecedented surge, with Aave, Raboo, and Polkadot leading the charge as pivotal forces in the burgeoning space. With Raboo currently in the spotlight for its first presale stage, priced at $0.003, analysts are casting bold predictions. They foresee a staggering 100x growth on launch day and … Read more
According to the most recent data, within the last 22 days, the volume of staked ether locked across various liquid staking derivative token platforms has seen a decline of 2.45%. This downward trend was observed across 27 unique platforms, culminating in a reduction of 340,000 ETH, valued at approximately $1.18 billion. $1.18 Billion Worth of … Read more
The price of bitcoin experienced a decline on Monday, near 10:00 p.m. Eastern Time (ET), tumbling to a position slightly over the $66,000 mark. By 6:30 a.m. the following day, it had edged down further to reach its intraday low of $65,480 per unit. In the wake of this downturn, the crypto derivatives markets saw … Read more
Discussions about adjusting Ethereum’s issuance curve due to staking concentration and other factors are taking place on social media, with some developers in favor and some against this change. A recent article by Mike Neuder, an Ethereum Foundation researcher, highlights that Ethereum issuance should “preserve the viability and proportion of solo stakers.” Ethereum Issuance Curve … Read more
The Bank of Russia noted that Russian nationals transacted $51 billion (4.78 trillion rubles) in crypto during 2023. According to an annual report issued by the bank, its investigations found that volume flows equivalent to the number, especially in bitcoin and ether, were attributed to Russian nationals in large exchanges. Bank of Russia Reports High … Read more
